Stocks in Focus (SBUX, AIG, FSLR, QCOM, TDC, CHK, NQ, NYX, RLD, MCHP, MGM, FTR, DUK)
The companies that are expected to see active trade on Thursday are: Starbucks Corp., American International Group, First Solar, Qualcomm, Teradata Corp, Chesapeake Energy, NetQin Mobile, NYSE Euronext, RealD, Microchip Technology, MGM Resorts International, Frontier Communications and Duke Energy Corp.
Starbucks Corp. (NASDAQ:SBUX) is due to report fourth quarter earnings after markets close on Thursday. Analysts, polled by Thomson Reuters, expect the company, on average, to report a fourth quarter net income of $0.36 per share compared to $0.37 in the same period last year.
American International Group Inc. (NYSE:AIG) is due to report third quarter earnings after the closing bell. Analysts expect the company to report third quarter net loss of $0.27 per share compared to $1.47 per share in the same period a year ago.
First Solar Inc. (NASDAQ:FSLR) is forecasted to report third quarter net income of $2.64 per share, up from $2.04 per share in the same quarter last year.
Qualcomm Inc. (NASDAQ:QCOM) shares climbed 9.49 percent to $57.13 in aftermarket trading session. Its fourth quarter net income rose to $1.056 billion or $0.62 per share from $865 million or $0.53 per share in the same period a year earlier.
Teradata Corp. (NYSE:TDC) is expected to report third quarter net income of $ 0.55 per share before the opening bell on Thursday.
Chesapeake Energy Corp. (NYSE:CHK) is expected to report third quarter net profit of $0.66 per share after the markets close on Thursday.
NetQin Mobile Inc. (NYSE:NQ) shares climbed 20.11 percent to $6.45 in post market trading session after raising fiscal 2011 revenue guidance. For fiscal 2011, the company currently expects earnings to be in a range of $40.2 to $40.5 million compared to its earlier estimation of $38.3 to $38.8 million.
NYSE Euronext (NYSE:NYX) is due to report third quarter earnings before the opening bell. Analysts expect the company to report third quarter earnings per share of $0.70, up from $0.46 in the same period a year-ago.
RealD Inc. (NYSE:RLD) shares slumped 15.63 percent to $9.50 in post market trading session. The company swung to second quarter net profit of $0.33 per share compared to net loss of $0.12 per share in the same quarter a year ago. But the company announced during a conference call that Samsung Electronics won’t introduce 3-D televisions featuring the company's technology next year as planned.
Microchip Technology Inc. (NASDAQ:MCHP) is projected to report second quarter earnings per share of $ 0.46, down from $ 0.63 in the same quarter a year ago.
MGM Resorts International (NYSE:MGM) is expected to report third quarter net loss of $ 0.14 per share on revenue of $2.35 billion.
Frontier Communications Corp. (NYSE:FTR) is projected to report third quarter earnings per share of $ 0.06 compared to $ 0.08 in the same quarter last year.
Duke Energy Corp. (NYSE:DUK) is forecasted to report third quarter earnings per share of $0.46 before the opening bell on Thursday.
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